Sui TVL Moves Above $1.2B As DeFi Liquidity Expands

TL;DR Sui’s total value locked reached about $1.21 billion in the September 22 validation snapshot. NAVI Protocol accounted for more than $420 million of deposits in the supplied data. TVL is a dollar-denominated metric and can rise because of token prices as well as fresh deposits. Sui’s DeFi ecosystem has pushed above the $1.2 billion […]